Home Capital Broker's Calls

Analysts positive on restructuring CapitaLand

Jeffrey Tan
Jeffrey Tan3/23/2021 2:39 PM GMT+08  • 3 min read
Analysts positive on restructuring CapitaLand
RHB describes the proposed restructuring as a “highly value-unlocking” move.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Analysts have no qualms on CapitaLand’s proposed restructuring that will see the company’s property development business taken private, but its fund management and lodging businesses remain listed.

RHB Securities has reiterated its “buy” recommendation for the stock with a higher target price of $4.25 from $3.75 previously.

CGS-CIMB Research, too, has kept its “add” rating for the stock with a higher target price of $4.04 from $3.42 previously.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.